Coal Seam Gas Production in Australia, China, India and Indonesia Will Significantly Increase by 2015

28 Jan 2011 • by Natalie Aster

“Increasing domestic energy demand, regulatory and policy changes favouring CSG development, attractive fiscal terms, Production Sharing Contracts (PSCs) and aggressive government targets will accelerate the commercial production of CSG by 2015. The total CSG production from these countries will increase from the current 14.9 million standard cubic meters per day (MMscmd) in 2009 to 64.9.MMscmd in 2015, reflecting a four-fold growth in CSG production.”

The report “Coal Seam Gas (CSG/CBM) in Asia - Market Analysis, Investment Scenario, Production Forecasts and Competitive Landscape to 2015” by GlobalData analyzes the development of Coal Bed Methane (CBM) resources in Australia, China, India, Indonesia and Vietnam. The report assesses the CBM potential in each of these countries with a focus on CBM reserves, basins and current production (if any). It elaborates on various government, regulatory policies and CBM production targets to promote the development of CBM resources and examines their impact on the growth of CBM. The development of the CBM market in each of the countries in relation to exploration and planned projects and the utilization of CBM has been provided in the report. The report analyzes the competitive scenario of the CBM market in each country, focusing on the important companies engaged in CBM exploration and development and their operations. The report details investments, mergers and acquisitions in the CBM market in each country and forecasts CBM production in Australia, China, India and Indonesia to 2015.

Cooperation Between Domestic and Foreign Companies Spurs CSG Development In China, India, Vietnam and Indonesia

The governments of coal-rich Asian countries have opened up CSG exploration to foreign companies. Foreign participation has provided much needed investment and brought in expertise and experience to develop the CSG projects. Asian countries have attracted significant foreign collaboration through the award of CSG blocks through competitive bidding. In India, Directorate General of Hydrocarbons (DGH) has awarded 33 blocks so far in four CSG licensing rounds. China has awarded 27 blocks in 30 PSCs. Indonesia has 20 PSCs in place, while Vietnam has two PSCs so far.

Key features of the report:

Information on major CSG projects both producing and planned;

Analyses companies operating in the Australian CSG industry detailing their areas of operations, investments and future plans;

Expected change in dynamics of the oil and gas industry in Asia Pacific with the growth of CSG industry in Australia.

Key benefits of the report:

Historical production trends and provides CSG production forecast to 2015;

Key challenges and prospects for the development of the CSG industry in Australia;

Details the merger and acquisitions activities in the industry during 2007-2010.